4. Liquidating Distributions

Liquidating distributions in the three months ended September 30, 2018 consisted of the following:


(in thousands)	Fair Value
Distributions during the three months ended September 30, 2018	$	9
Less: Liquidating distributions payable as of June 30, 2018		(1,823	)
Add: Liquidating distributions payable as of September 30, 2018		1,813

Net reversal	$	(1	)

Liquidating distributions in the six months ended September 30, 2018 consisted of the following:


(in thousands)	Fair Value
Distributions during the six months ended September 30, 2018	$	12
Less: Liquidating distributions payable at March 31, 2018		(1,825	)
Add: Liquidating distributions payable at September 30, 2018		1,813

Total	$	—

The distributions during the three and six months ended September 30, 2018 consisted of distributions to holders of Allowed General Unsecured Claims who previously failed to fulfill informational requirements for distribution established in accordance with the GUC Trust Agreement, but subsequently fulfilled such information requirements, and to holders of certain Term Loan Avoidance Actions Claims allowed in prior periods.

The GUC Trust was obligated as of September 30, 2018 to distribute Distributable Cash of $1.8 million to certain holders of Allowed General Unsecured Claims who had not then satisfied certain informational requirements necessary to effect the distribution to which they are entitled.